Inside Retail

OCTOBER 6, 2021

When Hannon Comazzetto started Australian re-commerce platform AirRobe in 2018, resale was still quite niche locally – pursued by a small but passionate group. In one click, customers can opt to repurpose their item and AirRobe facilitates the resale, rental, recycling, or donation of the product. “We

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Retail TouchPoints

JULY 22, 2021

When the economy is growing, consumers flock to stores. On the other hand, when a recession is imminent, consumers and their wallets generally stay put and are more conservative. This situation has forced retailers worldwide to adapt to a slew of new consumer demands while juggling a precarious supply chain. Cyber threats.

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Payment Services Consumer Customer Experience Accounting 304

Retail TouchPoints

APRIL 7, 2023

Hackers heavily target financial and payment data in breaches. This causes friction in business decisions since consumers prefer omnichannel shopping options , but ecommerce increases cybersecurity risks. For example, implementing two-factor authentication login methods can increase customers’ account security.

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Retail TouchPoints

AUGUST 7, 2023

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. followed by former #1 Shein , now bumped down to the #2 position. (It Wish is based in the U.S.,

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Inside Retail

JULY 13, 2022

The move followed a complaint by the consumer advocacy group Choice , which called the technology invasive and unwarranted. While the outcome of the investigation is still uncertain – Bunnings and Kmart maintain that they acted lawfully – the consumer backlash has already begun on social media. Is this a new problem?

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Inside Retail

JULY 11, 2022

As Alejandro Osorio, Country Head of Grab Thailand, puts it, “We’ve seen this opportunity in the soaring demand for food and package delivery services that’s made our delivery partners with their delivery bags increasingly become a significant touchpoint. It is visible and widely accessible to consumers in all areas.”.

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Inside Retail

OCTOBER 18, 2022

This is where we see it heading, and what a connected omnichannel customer experience (CX) needs to account for in the behaviours and needs of customers adapting to their environment. The International Longevity Centre notes that “retailers could thrive, not just survive, if they innovate to adapt to more older consumers”.

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Retail TouchPoints

JUNE 23, 2021

In 2018, 151 million conventional (non-bot) attacks were observed, and of these, 91 million were directed at online merchants. Others are so brazen that they use click-and-collect services in the branches of omnichannel stores, to pick up goods that they’ve paid for online with credit card credentials they’ve stolen. Machine Learning.

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Inside Retail

MARCH 21, 2024

With travel curtailed, home-bound, experience-starved consumers flocked to luxury shopping to lift their spirits and spend some of their discretionary funds accruing thanks to Covid-19 government assistance, stimulus checks, tax relief, suspended student debt payments and the pandemic-induced restrictions.

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Inside Retail

SEPTEMBER 6, 2022

They grew quickly, relatively unchallenged by local operators. billion in 2018-19 – gained a foothold in the sector by snapping up rival retail groups including 23 Fivimart supermarkets, 87 Shop&Go convenience stores and the smaller Queenland convenience-store chain, rationalising and rebranding the network under the VinMart banner.

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Inside Retail

JANUARY 16, 2022

Covid-19 changed the way we purchase products and services. In 2021, it was projected to generate $363 billion in sales, up 36 per cent, year on year, accounting for 13 per cent of total e-commerce sales. In Australia, new payment methods are making online shopping, especially transactions on social media, faster and easier.

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365 Retail

DECEMBER 12, 2023

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

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Inside Retail

MARCH 31, 2022

In the past five years, Shein has acquired Romwe, another Chinese e-commerce site operating in the US, and begun developing its own integrated supply chain, rivalling those of Zara, Fashion Nova, and H&M. At the time of writing, Shein’s official TikTok account has more than 3.7

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Mass Relators

MAY 16, 2022

SAN ANTONIO, Texas, — H-E-B has opened two more clinics offering comprehensive health care services. Whether consumers are navigating the healthcare system due to a chronic disease diagnosis or simply trying to keep their family healthy, managing health and well-being have become increasingly complicated. Dr. Holly Easton.

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Inside Retail

OCTOBER 21, 2021

In 2018, China’s singles population reached 240 million, meaning that one out of every five people in China is single. There is not only the cost of the ceremony, but also grooms and their families are often expected to shoulder more of the costs and furnish new brides with items such as large cash payments, jewellery, property or cars.

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Payment Services Consumer Accounting Marketing 130

Indigo 9 Digital

NOVEMBER 22, 2022

Cash App started allowing users to make purchases in Bitcoin in 2018, making Cash App one the first mainstream payment apps to do so. In 2021 $10 billion worth of Bitcoin transactions flowed through Cash App and more than 10 million Cash App users have used the app to buy Bitcoin since 2018. from last year.

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Retalon

JULY 23, 2018

75% would shop more at a store that supports “just walk out” payments. You need to offer them the control to choose their preferred payment and delivery methods, and provide them a personalized and/or exclusive experience. Convenience: Spendsetters want fulfillment options that work for them.

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Retail TouchPoints

JULY 14, 2020

As the LUXIE brand has grown to become a global DTC cosmetic tools brand sold in 160 countries, its consumer base has shifted from an average age of under 20 to a 30- to 45-year-old demographic. Riley : When I first came on board as CEO in February 2018, I wanted to get us out in front of a lot of consumers.

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Retail Prophet

MARCH 24, 2022

BoF’s podcast series Retail Reborn returns for a second season, presented by Brookfield Properties , to investigate the consumer of tomorrow, and how their changing lifestyles and expectations will drive evolution in the retail industry. Follow the series to ensure you never miss an episode. The whole world is saying retail is dead.

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Retail Geek

NOVEMBER 30, 2022

With covid impacts still in place, a global economic crisis, supply chain disruptions, labor shortages, new retailer discounting practices, and new consumer behaviors we have a lot to unpack. billion consumers are shaping shopping trends. This episodes covers a wide range of topics around the most important shopping week of the year.

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Retail Geek

AUGUST 29, 2023

Jason: [25:55] Well I mean a number of things so maybe just super high level what’s exciting to me like obviously a lot of this information about the business was not, publicly available so in the process of going public in issuing S1 they suddenly reveal a lot of things and they reveal things about.

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Retail Geek

JUNE 16, 2021

You know I started getting really kind of curious about the food delivery space I’d say towards the end of 2018 I took a trip to India and I’ve been reading about ghost kitchens and while I was working in Tech I was making video content around food, and it was really kind of just like Food Tours kind of like Munchies style and I. [2:37]

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